47 h. ago Russia warns it will respond to Ukraine drone attacks ‘how and when’ it sees fit

Kremlin comments seem to confirm reports Putin told Trump Moscow was obliged to hit backRussia will respond to Ukraine’s daring drone operation “how and when” it sees fit, the Kremlin has warned, seeming to confirm reports Vladimir Putin had told Donald Trump that Moscow was obliged to retaliate.Ukraine has been bracing for retaliation after its SBU security service carried out a surprise drone strike over the weekend, targeting four airbases and damaging up to 20 Russian warplanes deep inside the country, according to US officials. Continue reading...

Events

50 h. ago Now Trump’s tariffs hit America’s supply of vapes as prices set to skyrocket

Popular vape brands like Geek Bar may get more expensive - if you can find them at all

Events

52 h. ago Full list of the 19 countries hit by Trump’s newest travel ban

The president has placed both hard travel bans and travel restrictions on countries who ‘wish to do us harm’

Politics

54 h. ago The 19 countries hit as Trump announces travel ban and restrictions

The ban starts next week

Politics

3 d. ago Donald Trump criticises the BBC for Gaza aid misreporting as the White House accuses the broadcaster of interpreting the word of Hamas as 'the total truth' 

The Trump administration has hit out at the BBC, accusing the corporation of interpreting the word of 'Hamas as the total truth'.

Politics

3 d. ago UK appears to have been spared immediate hit of Trump’s 50% steel tariffs

The US President has decided to ‘provide different treatment’ to the UK after a deal that was struck between Washington and London last month.

Politics

3 d. ago No 10 in the dark over whether UK steel will be hit with 50% Trump tariffs with hours to go

The business secretary is in Paris, where he will meet with his US counterpart in a last-ditch attempt to secure a carve-out from the tariff hike

Politics

4 d. ago OECD downgrades forecasts for UK growth as Trump tariffs hit world economy

Global growth is expected to fall below 3% for the first time since the pandemic

Politics

4 d. ago Global economy to slow as Donald Trump’s trade wars hit growth, OECD warns – business live

Rolling coverage of the latest economic and financial news, as OECD forecasts global growth will slow to 2.9% in 2025 and 2026UK will slump to 1% growth next year as Trump tariffs bite, says OECDUS firms say Trump trade war is hitting production as dollar nears three-year lowUS economic growth is expected to slow markedly to 1.6% in 2025 and 1.5% in 2026, the OECD says.That’s relatively weak growth by recent standard, and slower than the “robust” growth of 2.8% recorded in 2024.Annual headline inflation is set to pick up to 3.9% by end-2025 due to higher import prices but is expected to ease throughout 2026, aided by moderate GDP growth and higher unemployment.Risks to the growth projection are skewed to the downside, including a more substantial slowing of economic activity in the face of policy uncertainty, greater-than-expected upward pressure on prices from tariff increases, and large financial market corrections. Continue reading...

Events

4 d. ago How Trump’s budget would hit America’s poorest families hardest

White House takes aim at education, housing and food programs for millions of poor women and children

Politics

6 d. ago Spike in steel tariffs could imperil Trump promise of lower grocery prices

President Donald Trump’s doubling of tariffs on foreign steel and aluminum could hit Americans in an unexpected place: grocery aisles

Politics

8 d. ago BoE policymaker plays down inflation risk in call for rate cuts

Alan Taylor says price rises are being driven by one-off factors as he stressed hit from Trump trade war

Events

9 d. ago How Wall Street offloaded $13bn of debt tied to Elon Musk’s Twitter deal

Donald Trump’s election helped revive loans that once threatened to hit banks with big losses

Economics

9 d. ago How Wall Street offloaded $13bn of debt tied to Musk’s Twitter deal

Trump’s election helped revive loans that once threatened to hit banks with big losses

Economics

9 d. ago Donald Trump denies he 'chickened out' of tariffs as he angrily hits out at reporter

Donald Trump has hit out at the new term that's been coined to mock his trade policies amid high tariff rates on other nations as he irately declared 'I'm no coward'

Politics

1 week ago Former Russian president threatens Trump with World War III after Putin criticism

Trump’s special envoy for Ukraine Keith Kellogg has hit back at ‘reckless’ comments by security official Dmitry Medvedev

Politics

1 week ago Former Russian president threatens Trump with World War 3 after Putin criticism

Trump’s special envoy for Ukraine Keith Kellogg has hit back at ‘reckless’ comments by security official Dmitry Medvedev

Politics

1 week ago Southeast Asian leaders hit out at Trump tariffs as China pledges support

Influential regional association’s summit with China and Gulf nations underscores ‘urgency of diversifying trade beyond traditional markets’

Politics

1 week ago Tourists from countries badly hit by Trump tariffs are staying away from US

Data from hotel site Trivago shows fewer US bookings by holidaymakers from Canada, Japan, Mexico and Germany Holidaymakers in countries hit the hardest by Donald Trump’s trade tariffs are taking the US off their list for trips abroad, according to online travel booking data.Findings from the hotel search site Trivago also suggest that UK and US travellers are increasingly choosing domestic holidays amid concerns over an uncertain economy. Continue reading...

Politics

1 week ago Macron says Trump realises Putin has ‘lied’ about Ukraine as Kyiv hit by record drone strike – Russia

French president says he hopes US president’s anger at Moscow will ‘translate into action’ Kremlin spokesperson Dmitry Peskov has held his regular media briefing with journalists. When asked for reaction to Donald Trump’s criticism of Vladimir Putin (see post at 08.41) by the BBC’s Russia editor Steve Rosenberg, Peskov thanked the US for its role in trying to bring an end to the war through its mediation efforts, which have so far faltered, but suggested Russian strikes against Ukraine are being launched for security and self-defence. He said in the conference call with reporters:It’s a very important achievement. Of course, at the same time this is a very important moment which is connected to an emotional overload of everyone involved and emotional reactions.We carefully monitor all the reactions. However, President Putin takes those decisions which are necessary for the security of our country.Only a sense of total impunity can allow Russia to carry out such strikes and continue ...

Politics